A lot is happening in the cutting tool industry in the month of May. Continue reading our news roundup to learn more about what’s happening in the industry this month.

Machine Tools Market Outlook

The machine tools market is expected to see substantial growth, with the CNC machine tools segment projected to gain $18.99 billion in global annual sales by 2028. The U.S. market is anticipated to grow by $3.96 billion, highlighting opportunities for companies focusing on automation and precision engineering.

Advancements in Precision Manufacturing

The cutting tools industry is undergoing a transformation, driven by innovations such as AI-powered optimization, ultra-hard coatings, and circular economy practices. These developments are enhancing precision manufacturing processes and offering new opportunities for companies in the sector.

Showcasing New Equipment

UNITED GRINDING North America is set to showcase its latest grinding equipment at PMTS 2025, providing insights into cutting-edge technologies and solutions for the industry.

Safety Concerns

A worker suffered severe injuries when a nine-inch angle grinder kicked back during overhead work. The incident underscores the risks associated with using large grinders in unstable positions and highlights the importance of proper equipment handling and electrical safety.

Contact Custom Tool & Grinding

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